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> Good. Investors like Ackman and Cuban seem so concerned about payroll for tech workers. ? The truth is that the vast majority of this cash was dry powder for
by mgfist 4y ago
> Good. Investors like Ackman and Cuban seem so concerned about payroll for tech workers.
? The truth is that the vast majority of this cash was dry powder for acquisitions, staying liquid for new new investments, fresh VC money for advertising.
You seem confused. The "cash" you're talking about here is the deposited cash, which Yellen is saying will get funded. I think you're confusing that with bank equity.
- SkyPuncher 4y agoCash flow is currently the issue for many businesses. They literally cannot afford to pay people on Monday if their deposits are not returned.